Ericsson and Future Technologies Venture signed a strategic cooperation agreement. Under the multiyear agreement, Ericsson plans to expand its reach into key market verticals that Future Technologies Venture primarily services such as utilities, oil and gas, mining and government. In addition, the agreement allows Future Technologies the ability to integrate Ericsson's private Long Term Evolution (LTE) equipment and MINI-LINK microwave products into its portfolio.

Ericsson said its private LTE portfolio enables service providers to meet the business-critical and mission-critical needs of industries and public-safety agencies as digitalization and modernization of LMR communications increases. This portfolio, including MINI-LINK microwave products, will enable Future Technologies' customers to secure the critical communications needs of key market verticals such as utilities, oil and gas, mining and government.

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